NOT LISTED FOR SALE

Estimated Value: $508,661

-- Bed
-- Bath
5,500 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $470,000 $85 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,203/month

384 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of May 2021

This is an office-warehouse building with fenced yard space. Warehouse has two roll-up doors and 14' clear span. Office area has three offices and one restroom with a shower. Would work well for a contractor or business with a need for a central Phoenix location. Ease of access to all parts of the valley via I-17 of SR-51. Three phase power. Located in the Wilderness Plaza at 1608 W. Hatcher.

Last Agent to Sell the Property

Thomas Keck

West USA Realty License #SA507106000 Listed on: 02/27/2020

West USA Realty

Last Buyer's Agent

Andrea Castaneda

HomeSmart License #SA659422000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,103

Year Built

  • Built in 1981

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 5,500 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Burley Plaza Condo P/F 01 476138 Amd 02 953319/No Subdivision
  • Operating Expense $6,103

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 158-23-088

Property Details

Property Type

Other

Est. Annual Taxes

$6,103

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Hatcher Rd. & 16th Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Bay Info Bay Door Height: 12.0
  • Bay Info Max Span Lineal Ft: 14.0
  • Current Use: Mixed Use, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2019
  • Lot Size Acres: 0.31
  • Road Surface Type: Asphalt
  • Subdivision Name: BURLEY PLAZA CONDO P/F 01-476138 AMD 02-953319/NO
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse Evap, Central A/C
  • Heating: Electric, Natural Gas
  • Green Building Features: Showers - Office
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Showers - Office: Yes

Lot Info

  • Lot Size Sq Ft: 13504.0
  • Additional Parcels: No
  • Parcel #: 158-23-088
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6103.0

Tax Info

  • Tax Annual Amount: 6103.0
  • Tax Book Number: 158.00
  • Tax Lot: 1
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
May 12, 2021
Sold by
Holzhaus Ralph L and Holzhaus Joan L
Bought by
Gsub Investments Llc
Seller's Agent
Thomas Keck
West USA Realty
Buyer's Agent
Andrea Castaneda
HomeSmart
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$508,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,661
Avg. Annual Appreciation
1.82%
Original Mortgage
$360,000
Outstanding Balance
$326,250
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$182,430

Purchase Details

Closed on
Sep 6, 2002
Sold by
Corpus Christopher P and Corpus Lindis N
Bought by
Holzhaus Ii Ralph L and Holzhaus Joan L

Purchase Details

Closed on
May 21, 1998
Sold by
Durbin Denny and Durbin Browne Jennifer
Bought by
Corpus Christopher P and Corpus Lindis N
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gsub Investments Llc $450,000 Chicago Title Agency
Holzhaus Ii Ralph L $600,000 First American Title Ins Co
Corpus Christopher P $408,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gsub Investments Llc $360,000
Closed Corpus Christopher P $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $470,000 -1.1% $85 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/27/2020 02/27/20 For Sale $475,000 -- $86 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,075 $48,163 -- --
2024 $6,145 $47,303 -- --
2023 $6,145 $57,035 $15,589 $41,446
2022 $6,119 $63,473 $13,283 $50,190
2021 $6,375 $53,118 $13,662 $39,456
2020 $6,216 $52,884 $12,708 $40,176
2019 $6,103 $51,714 $11,448 $40,266
2018 $5,943 $51,372 $11,250 $40,122
2017 $5,913 $48,564 $10,818 $37,746
2016 $5,805 $44,190 $9,522 $34,668
2015 $5,526 $37,556 $8,640 $28,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6042727

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-088